BBA Aviation plc (LON:BBA) Rating Reiterated by Barclays PLC

Barclays PLC reiterated their overweight rating on shares of BBA Aviation plc (LON:BBA) in a research report sent to investors on Monday, July 10th, Marketbeat reports. Barclays PLC currently has a GBX 340 ($4.44) target price on the stock.

Other equities analysts have also recently issued research reports about the stock. Jefferies Group LLC boosted their price target on shares of BBA Aviation plc from GBX 295 ($3.85) to GBX 340 ($4.44) and gave the stock a buy rating in a research note on Tuesday, March 21st. Liberum Capital reaffirmed a hold rating and issued a GBX 325 ($4.24) price objective on shares of BBA Aviation plc in a research note on Sunday, June 11th. Citigroup Inc. cut shares of BBA Aviation plc to a neutral rating and set a GBX 330 ($4.31) price target for the company. in a research report on Monday, May 8th. Finally, J P Morgan Chase & Co reissued an overweight rating and set a GBX 347 ($4.53) price target on shares of BBA Aviation plc in a research report on Monday, May 15th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of GBX 303 ($3.96).

Shares of BBA Aviation plc (LON:BBA) opened at 306.00 on Monday. BBA Aviation plc has a 12 month low of GBX 228.70 and a 12 month high of GBX 324.50. The firm has a 50-day moving average of GBX 308.80 and a 200-day moving average of GBX 303.13. The firm’s market cap is GBX 3.14 billion.

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In other news, insider Nigel Rudd acquired 4,890 shares of BBA Aviation plc stock in a transaction on Wednesday, June 7th. The stock was acquired at an average cost of GBX 305 ($3.98) per share, for a total transaction of £14,914.50 ($19,475.71).

About BBA Aviation plc

BBA Aviation plc is a provider of global aviation support and aftermarket services primarily focused on servicing the Business and General Aviation (B&GA) market. The Company operates through two divisions: Flight Support and Aftermarket Services. The Flight Support businesses include Signature Flight Support, which is a fixed base operation (FBO) network for B&GA covering destinations in North America, Europe, Caribbean, Africa and Asia.